Chicago & Midwest CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
VanTrust Real Estate Sells Newly Built Ohio Industrial Facility to Realty Income
JLL announced the sale of New Albany Tech Park 300, a 300,400-square-foot industrial distribution center located at 12550 Jug St. in New Albany, Ohio.
JLL represented the seller, VanTrust Real Estate, in the transaction. Realty Income acquired the asset. Completed in 2026, the brand-new distribution facility features state-of-the-art specifications that modern logistics users require. The property is equipped with a 36-foot clear height, fully circulating 135-foot truck courts, 30 dock doors, four drive-in doors and a 3,600-amp power capacity. Additionally, the asset is 100% leased to a technology and artificial intelligence company on a long-term basis.
The JLL Capital Markets team was led by Senior Managing Directors John Huguenard and Sean Devaney, along with Managing Directors Ed Halaburt, Kurt Sarbaugh and Senior Directors Ross Bratcher and Will McCormack. “Columbus has become one of the country’s most active data center markets, which is driving incredible demand for the industrial properties that support them,” Huguenard said.
